5G In Healthcare Market

1. 5G In Healthcare Market

2. The 5G in healthcare market was USD 40.2 billion in 2022, and this will reach to USD 147 billion by 2030, proceeding at a rate of 17.6% by the end of this decade, mentioned in one of its reports by P&S Intelligence. This is because of the enhancing 5G infra, growing healthcare industry, increasing count of launches of AR/VR devices for medical uses, growing R&D funding by industry players, and growing requirement for high-speed connectivity. Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/5g-in-healthcare-market/report-sample The services category will have higher growth rate in the years to come, of around 19%. This will have a lot to do with the increasing requirement for enhanced connectivity in medical devices for faster and more-dependable data transfer, enabled by the improved-quality mobile broadband and higher frequency offered by 5G services. Moreover, the increasing count of new entrants will play an important role in the growth of the category. ICTs have the likelihood to offer patient-centric care at better the quality of care, low- cost improve data sharing, advise medical specialists and patients on improved treatment methods, arouse a diverse user interface with patients and medical care providers, and minimize travel time.

3. Healthcare providers dominated the 5G in healthcare market, with a share of 64%, in 2022, and the situation will remain like this in the years to come. This will be as a result of the rising pace of progressions in the healthcare sector, growing count of healthcare settings, for example hospitals and ASCs, growing count of patients, mounting requirement for e-medicine, mushrooming acceptance of 5G-integrated wearable devices, and increasing requirement for improved technologies for the quicker sharing and storing of large medical datasets. Connected medical devices led the industry with approximately 44%, in 2022, and this trend will continue to grow in the years to come. This will be attributable to the mounting trend of rising preference of patients for home-based care, telemedicine, rising traction for adapted care, and growing healthcare costs, along with the budding focus of doctors on improving the care quality and patient safety. Browse full report at: https://www.psmarketresearch.com/market-analysis/5g-in-healthcare-market North America led the way, with a share of 36%, in 2022, and it will maintain its position in the future. This is attributable to the advanced healthcare infra, high per capita income, increasing count of industry players, tech advancements, and promising government funding for the healthcare industry. APAC will grow the fastest because of the increasing health consciousness because of the efforts of the government, improving network connectivity, budding electrical and electronics sector, where these kinds of connected devices are manufactured; and growing investment by global players, which is a developing hub for such technologies. Because of the incorporation of telemedicine and connected medical devices, the demand for 5G in healthcare will continue to grow in the years to come.

4. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. the information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. • For queries related to sales, contact us at: • enquiry@psmarketresearch.com • US/Canada Toll-Free: 1-888-778-7886 • International: +1-347-960-6455 • India: +91 120 4541 337 To know more about us, visit our website psmarketresearch.com